I am conducting behavioural experiments regarding the attitude of decision-makers under uncertainty. One version of the experiments is abstract and another in context.
Dear Konstantinos, have you found a method?
Hi Gerit,
thank you for asking - initially, I was amazed not to receive any replies on this.
Well no, I haven't found anything really.
So, I am developing my own approach on the worst-case thinking hypothesis at the moment.
do you know of the LOT-R?http://www.psy.cmu.edu/faculty/scheier/scales/LOTR_Scale.pdf
I have come across the LOT-R.
My focus is mostly oriented towards Salience effects of worst outcomes in choices.
Indeed, this instrument could be used in combination with an experiment for worst-case thinking. Thank you for the post!
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